Nostrum Quotes

We had to dispel the notion that the way to economic success lies through a sort of fiscal levitation. That was the abiding post-war delusion-that governments could spend and borrow their way to prosperity, and fine-tune the performance of the economy through something known pretentiously as demand management...It used to be an establishment nostrum that you need a budget deficit to get economic growth. That was the belief which lay behind the notorious letter by 364 economists in March 1981. We have given the lie to that, decisively. There can no longer be any argument about it. Everyone-or almost everyone-now accepts that the proper role of macro-economic policy is to keep downward pressure on inflation and to maintain a stable framework in which the private sector can expand. (Nigel Lawson)
"Peace through Strength," surely history's most exploded nostrum. View quote
Christopher Hitchens
In our contemporary social and intellectual plight, it is nothing less than shocking to discover that those persons who claim to have discovered an absolute are usually the same people who also pretend to be superior to the rest. To find people in our day attempting to pass off to the world and recommending to others some nostrum of the absolute which they claim to have discovered is merely a sign of the loss of and the need for intellectual and moral certainty, felt by broad sections of the population who are unable to look life in the face. View quote
Karl Mannheim
There has been a rush of competitors anxious to be first in the field with a new text-book on the more "practical" lines which now find so much favour. The natural desire of each teacher who writes such a text-book is to give prominence to some special nostrum which he has found successful with pupils. One result is, too often, a loss of a due sense of proportion... It is, perhaps too early yet to prophesy what will be the ultimate outcome of the new order of things; but it would at least seem possible that history will repeat itself and that, when chaos has come again in geometrical teaching, there will be a return to Euclid more or less complete for the purpose of standardising it once more. View quote
Thomas Little Heath